William Blair Investment Management LLC Invests $39.23 Million in PDF Solutions, Inc. $PDFS

William Blair Investment Management LLC purchased a new stake in PDF Solutions, Inc. (NASDAQ:PDFS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 554,226 shares of the technology company’s stock, valued at approximately $39,234,000.

Several other institutional investors have also modified their holdings of PDFS. Royal Bank of Canada grew its position in shares of PDF Solutions by 40.9% during the first quarter. Royal Bank of Canada now owns 19,092 shares of the technology company’s stock worth $365,000 after buying an additional 5,540 shares in the last quarter. Amundi lifted its stake in PDF Solutions by 117,205.9% in the first quarter. Amundi now owns 19,942 shares of the technology company’s stock worth $381,000 after acquiring an additional 19,925 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in PDF Solutions by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company’s stock worth $353,000 after acquiring an additional 753 shares in the last quarter. Jane Street Group LLC increased its position in shares of PDF Solutions by 113.6% in the 1st quarter. Jane Street Group LLC now owns 60,883 shares of the technology company’s stock valued at $1,163,000 after purchasing an additional 32,383 shares during the last quarter. Finally, Strs Ohio acquired a new stake in shares of PDF Solutions in the 1st quarter valued at $105,000. Institutional investors and hedge funds own 79.51% of the company’s stock.

Insider Buying and Selling at PDF Solutions

In other PDF Solutions news, Director Shuo Zhang sold 1,501 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $51.47, for a total value of $77,256.47. Following the sale, the director owned 23,380 shares of the company’s stock, valued at approximately $1,203,368.60. This represents a 6.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 11.08% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently commented on PDFS. DA Davidson set a $74.00 target price on PDF Solutions in a report on Monday, August 17th. Wells Fargo & Company began coverage on PDF Solutions in a report on Tuesday, August 4th. They issued an “equal weight” rating and a $50.00 price objective on the stock. Sanford C. Bernstein began coverage on PDF Solutions in a research report on Tuesday, August 11th. They set an “outperform” rating and a $65.00 target price on the stock. Rosenblatt Securities restated a “buy” rating and set a $63.00 target price on shares of PDF Solutions in a research note on Friday, August 7th. Finally, Wall Street Zen downgraded PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $63.00.

PDF Solutions Stock Up 1.9%

Shares of PDF Solutions stock opened at $45.65 on Friday. The company has a market cap of $1.82 billion, a P/E ratio of 182.60 and a beta of 1.67. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.45 and a current ratio of 3.45. PDF Solutions, Inc. has a one year low of $18.93 and a one year high of $71.68. The firm has a fifty day moving average of $54.26 and a two-hundred day moving average of $44.98.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27. PDF Solutions had a net margin of 4.27% and a return on equity of 7.21%. The firm had revenue of $61.53 million during the quarter, compared to the consensus estimate of $61.17 million. On average, analysts forecast that PDF Solutions, Inc. will post 0.77 earnings per share for the current year.

About PDF Solutions

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.

The company’s flagship offering, the Exensio platform, aggregates and analyzes data from process equipment, metrology and inspection systems to identify yield-limiting defects and process excursions.